LA JOLLA, CA-San Diego-based Pacifica Companies has acquired the La Valencia Hotel, a 112-room hotel in La Jolla, and will renovate the property towards the end of this year. The $10-million renovation will include food and beverage outlets, meeting space, spa and the hotel guest rooms.
The La Valencia Hotel was constructed in 1926. Structural as well exterior repairs were carried out in 2010. Pacifica purchased the hotel through Prospect Hospitality LP. For the full story, go to The San Diego Metropolitan .
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